Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: woodbeez

I still don't get it. Perhaps I am dense (people have said so before) however I current make say 50/hr gross. Say I pay 40% in taxes now. So if my math is correct I take home 30/hr. If the fair tax passes then I would get all monies covered by the fair tax added to my take home. Why would my gross salary, which was negotiated when I took employment, change? Should my employer attempt to implement this differently they could find another employee.


211 posted on 09/13/2005 5:26:15 PM PDT by Nuc1 (NUC1 Sub pusher SSN 668)
[ Post Reply | Private Reply | To 92 | View Replies ]


To: Nuc1

Your employer would be forgetting one very important factor and it's called competition. All companies in your line of work or any given industry will not pay the same wages. Those who pay more will get the more experienced people. Your employer could lose an experienced worker if it chooses to pay you less than a competitor.


213 posted on 09/13/2005 5:50:26 PM PDT by Man50D
[ Post Reply | Private Reply | To 211 | View Replies ]

To: Nuc1

Actually, you'd get your full wages untaxed when you receive them; the tax is paid under your control as you purchases taxable things (not all things are taxed).

The trash about wages going down is just spin from the Status Quo Lovers who hype a liberal reporter's incorrect claims about what one economist said (the economist never said what was presented).

You and everyone else who works for wages seem to know this, but the Status Quo Lovers believe they can fool you all by promoting what isn't true. I believe they're wrong.


214 posted on 09/13/2005 5:59:53 PM PDT by pigdog
[ Post Reply | Private Reply | To 211 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson